Glossary · Programs

What is Medicaid?

Medicaid is a joint federal and state program that provides free or low-cost coverage to some low-income people, families and children, pregnant women, older adults, and people with disabilities. Each state sets its own income and resource rules.

Definition and figures from Medicare.gov, HealthCare.gov glossary, checked October 23, 2026. This page explains the term; it does not recommend a plan.

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Medicaid: the facts

ItemFactSource
Run byEach state, with federal fundingMedicare.gov: Costs for Medicare drug coverage
ExpansionMany states cover all people below certain income levelsHealthCare.gov glossary: Medicaid

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What does medicaid mean in health insurance?

Medicaid is a joint federal and state program that provides free or low-cost coverage to some low-income people, families and children, pregnant women, older adults, and people with disabilities. Each state sets its own income and resource rules.

Source: Medicare.gov: Costs for Medicare drug coverage; HealthCare.gov glossary: Medicaid. Data as of October 23, 2026. Last updated October 23, 2026. How we source data. Spotted an error? Send a correction.

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